Wednesday, April 24, 2024

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Automobiles

Elon Musk to meet PM Modi in India this month and announce Tesla plant, company starts making cars for India in Germany instead of...

Musk will meet PM Modi in the week beginning 22 April, and will separately announce the plans of Tesla for India.

Union Government approves electric vehicle policy aimed at making India a hub of EV manufacturing, minimum ₹4,150 crore investment required

The Union Government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country.

Nitin Gadkari to unveil the world’s first 100% ethanol-fueled car on August 29

Nitin Gadkari said, "India needs to take more sustainable measures as pollution is a big problem in the country."

Amidst supply chain disruptions Honda announces plant shutdown in Pakistan

It is notable that several companies in various sectors have stopped production in a cash-strapped Pakistan as they ran out of raw materials or foreign exchange and in some cases both.

Ford India shuts shop after a decade of bad business: How it went from accumulated losses of ₹1,764 crore in 2014 to ₹14,802 crore...

Ford India to shut down its car assembly plants in Sanand and Chennai, after suffering continuous losses for several years

Festive season puts Indian Economy back on track as the Auto sector, GST collections post impressive figures in October 2020

Besides encouraging Automobiles sales figures, GST mop up for the month of October, has for the first time touch the Rs 1 lakh crore mark, 10 per cent rise as compared to October 2019 collections

“Insider trading?” Netizens wonder as Bajaj Auto registers record sales in October despite Rajiv Bajaj’s fear-mongering about economic slump

Bajaj Auto has registered its highest-ever monthly sales of 5.12 lakh units, a staggering 11 per cent year-on-year growth as compared to October 2019

After Rajiv Bajaj said there is slowdown in the two-wheeler market, Hero MotoCorp achieves record sale in October

Rajiv Bajaj had said that two-wheeler sales will remain in the current fiscal year due to new regulations and "draconian lockdown"

China’s industrial production growth at lowest in 17.5 years amidst trade war woes

China is set to reduce some key interest rates soon to prevent a sharper slump in activities. The interest cuts, if they happen, will be for the first time in over 3 years.

Nirmala Sitharaman gave several reasons of auto-sector slowdown, media and Congress pick only Ola-Uber to mock her

Congress and media selectively pick Nirmala Sitharaman's comment to mock her

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